OmniSource

OmniSource, LLC, established in 1943 in Fort Wayne, Indiana, has evolved into one of North America's leading processors, distributors, and managers of scrap and secondary metals. The company specializes in the collection, processing, and resale of diverse scrap metals.

These metals include ferrous materials like steel and nonferrous metals such as aluminum, copper, and stainless steel. Annually, OmniSource processes over 7 million tons of ferrous scrap and more than 1 billion pounds of nonferrous metals, highlighting its major role in the recycling industry.

Network and Operations

OmniSource operates more than 70 collection and processing facilities. Its operations span the Midwest, Southeast, and Mid-Atlantic regions of the United States.

The extensive infrastructure is supported by a versatile fleet consisting of trucks, containers, railcars, and barges, which facilitate efficient metal collection and transportation across North America.

The company focuses on strategic growth through:

• Expansion into new geographical territories
• Establishment of additional facilities
• Targeted acquisitions

Strategic Partnerships

In addition to company-operated sites, OmniSource collaborates with industrial scrap generators via strategic partnerships. These involve designing and implementing customized metal recycling programs.

Programs are tailored to meet the specific needs of manufacturing companies nationwide. This cooperation enhances metal recovery efficiency and promotes sustainable manufacturing practices.

Brokerage and Trading Services

OmniSource's national brokerage and trading operations support both metals buyers and sellers. The company provides market intelligence and insights to optimize transaction value.

This service helps stakeholders navigate the complexities of the metals market, ensuring informed decisions and favorable outcomes.

Ownership and Growth

Acquired in 2007 by Steel Dynamics, Inc., OmniSource operates as a wholly owned independent subsidiary. This acquisition has strengthened OmniSource’s capabilities.

It enables the company to leverage Steel Dynamics' resources and expertise, enhancing its position in the metals recycling industry.

Company Vision and Commitment

OmniSource is committed to safety, operational excellence, strategic growth, innovation, customer relationships, and financial strength. The company aims to be recognized as "The Best in the Metals Recycling Industry."

This vision is pursued through continuous improvement and a customer-centric approach.

Location

OmniSource's primary collection and processing facility is located in:

• Memphis, TN, USA

The company ensures prompt and personalized service across its locations in the eastern United States.

Summary

OmniSource, LLC stands as a pivotal entity in the metals recycling sector. It offers a wide range of services from collection and processing to trading and brokerage.

Its expansive network, strategic partnerships, and dedication to innovation and customer service position it as a leader in promoting sustainable practices and efficient metal recycling across North America.